The Business Times, 15 April 1981
1981-04-15
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The Business Times
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Title Section11 1981-04-15 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY. APRIL 15. 1981 fiO fFNTS11 words
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BRIEFLY...
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Article54 1981-04-15 1 AFP KUWAIT, Tues. Kuwait plans to lend US$2 billion to Iraq currently at war with Iran and has introduced draft legislation for the purpose. The loan will come from the reserves of the state of Kuwait under legislation submitted by the People's Assembly to the economicAFP - 54 words
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Article87 1981-04-15 1 AFP MOSCOW, Tues. The Soviet Union indicated today that the security situation is unsettled in southern Afghanistan, where the roads seem to be partly controlled by Muslim rebels fighting the Kabul government and its Soviet backers. The Communist Party newspaper Pravda, in a dispatch from its correspondent inAFP - 87 words
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Article79 1981-04-15 1 Reuter SANDAKAN, Tues. Six loggers were fined MJ3OO each by a Malaysian court for failing to report the discovery of a rare Sumatran rhino. Assistant game warden Patrick Andau said today that the rhino was trapped and killed last month. The rhino, once thought to have vanishedReuter - 79 words
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Article57 1981-04-15 1 AP BONN, Tues. The condition of 26 jailed terrorists staging hunger strikes remained unchanged today, and a lawyer for one of them said his client may not survive the ordeal. West German police began warning news agencies and other organisations to be on guard against possible terrorist attacksAP - 57 words
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Article71 1981-04-15 1 AP LONDON, Tues. Prime Minister Margaret Thatcher starts an 11-day visit to India and four Persian Gulf states today, with Afghanistan and the Middle East conflict high among her concerns. She will have several meetings with Indian Prime Minister Indira Gandhi and is expected to useAP - 71 words
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Article74 1981-04-15 1 AP TOKYO, Tues. A leading Japanese trading company, Marubeni Corporation, said it has signed a US$372 million contract to build seven hospitals in Iraq which is now at war with Iran. Under the contract with the Iraqi Ministry of Housing and Construction, Taisei Corporation and Fujita CorporationAP - 74 words
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Article56 1981-04-15 1 Reuter TEL AVIV, Tues. Israel has been supplying arms and other military equipment to Christian forces in northern Lebanon in their fight against the Syrians. Military sources said Israel supports the Christians by giving them the means and equipment to fight. But they denied that Israel hadReuter - 56 words
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Ghief Price Changes
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Article138 1981-04-15 1 Rises Leong Huat 630 90 Dah Yung 356 30 Public Textile 340 30 Int Wood 220 26 Amcol 160 26 Metro Hldgs 1080 20 Town City 420 20 J C MPH 310 20 Hwa Hong 245 20 M Flour 340 18 Falls F E Levingston 1240 -60 Spore Land138 words
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Article, Illustration164 1981-04-15 1 Rises A Choc m +74 Ind Oxygen 565 45 P Textile 378 36 M Text 695 -+35 C Sugars 1150 30 NBT 312 +r B Kawat 386 26 SP Textile 275 23 Dutch Baby 382 22 Falls H Leong Ind 1570 -70 Oriental 970 -40 S Trading 1390164 words
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Article659 1981-04-15 1 HOCK LOCK SIEW - ILLOGICAL JUMP IN LEONG HUAT By HOCK LOCK SIEW THE Stock Exchange of Singapore has finally caught up with the unscrupulous speculators in Leong Huat Industries shares. In a move to curb undue speculation in the counter, the SES yesterday announced that the shares will be659 words
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269 1981-04-15 1 LOCAL rig builder Far East Levingston, which already has seven contracts under its arm, has bagged two more rig orders worth $190 million. The company, which' is listed o« thp Stock Excliange of Singapore, is currently malting a bonus and rights issae to enlarge269 words
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Article425 1981-04-15 1 FOO CHOY PENG - By FOO CHOY PENG PHILIPS Singapore is poised to compile in the top-erd of the market tor audio products. It is now also in a position to provide managerial and technical expertise to its sister companies in Asia. The company, for instance, sent technical425 words
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264 1981-04-15 1 AN AUSTRALIAN lecturer has come up with empirical evidence to support her claim that protectionism has stifled her country's growth. Her preliminary findings have aroused the interest of the Australian Treasury Department and have been accepted by a number of leading manufacturing lobbyists in her264 words
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310 1981-04-15 1 CHEVELINA Pte Ltd, which announced a takeover bid last month for paper products group SPP Ltd, may have to fork out $3.78 million more to acquire the company. This is because an additional I.U million new SPP shares will310 words
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623 1981-04-15 1 LILLIAN CHEW - By LILLIAN CHEW THE currency of gold contracts on the Gold Exchange of Singapore (GES) may be changed from US dollars to Singapore dollars. Mr Robert Guy, a director of N M Rothschild and Sons Ltd of London, disclosed that "serious consideration623 words
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Page 1 Advertisements
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Advertisement9 1981-04-15 1 X > o*r O a MITSUBISHI Phone 46X7230 46XJX24 *****'9 words
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Advertisement80 1981-04-15 1 Leader. f I SHIPPING TIMES ASIAN Development Bank seeks more funds 2 SUBTLE pressure on Japanese for voluntary ear eurbs 3 CHINA'S export zones go for growth 6 PIRELLI still has problems to overeome 1 EXPANSION by precision rubber components manufacturer... II INDONESIA signs liquefied natural gas contracts M TV80 words
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Advertisement88 1981-04-15 1 GOOD READING MATTERS AT H Times Bookshops Tmm* OtdwH wiw ft >nn«i JulM Lit itr LVX:b*»IA2A C»N V s W 'nO.M.doM 'r '*****2 HaM T* UWH S-igaati »;j Cl**o*C Cf* T «t ••OIiMnOoII JJMIM U»3< »nr*i.To ?noM 7* ,v A THE WORLD... munsingwmr Grand sloms U.S.A. THE SYMBOL OF QUAUTY88 words
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REGIONAL
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Article753 1981-04-15 2 MEMBERS' GROWING PROBLEMS Reuter THE ASIAN Development Bank (ADB), campaigning for an increase in its funds, has said that its developing member countries (DMCs) would need even more external funds this year if they are to deal acceptably with their growing problems. In its annualReuter - 753 words
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340 1981-04-15 2 AFP AUSTRALIAN imports from Asean countries are growing at twice the rate of imports from all other countries. The Australian Foreign Minister. Mr Tony Street, said this at the sixth AseanAustralian forum in Canberra yesterday. Declaring the forum open to discuss trade and closerAFP - 340 words
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THE REGION IN BRIEF
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Article362 1981-04-15 2 Agencies INDONESIA is facing an acute shortage of sugar forcing it to import 430,000 tonnes for the 1981-82 fiscal year. Sugar will be imported from several countries. Indonesia in fact needs an additional 700,000 tonnes of sugar as the national production is estimated around 1.3 million tonnesAgencies - 362 words
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127 1981-04-15 2 AFP THE Australian government has refused, for the moment, to sanction a proposal by the British-owned Thorn Electrical Industries Fty Ltd to buy about 38 per cent of EMI (Australia) Ltd for A 110.5 million. Federal Treasurer John Howard said yesterday the governmentAFP - 127 words
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214 1981-04-15 2 AP COCA-COLA, the drink that symbolises America around the world, is being bottled for the first time in communist China and will flow like famous Maotai liquor in the Great Hall of the People. The first coca-cola bottling plant in the People'sAP - 214 words
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Page 2 Advertisements
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Advertisement348 1981-04-15 2 Senior Appointment The SGV Group Professional Executive Recruitment Services Our client, a subsidiary of a very large U.S. multinational trading company, seeks applications from suitably qualified candidates to fill the post of: ASSISTANT ACCOUNTANT 5515,600 p.a. 5520.000 p.a. Reporting directly to the Chief Accountant, the incumbent will assist him in348 words
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Advertisement36 1981-04-15 2 Asia's #1 r News Magazine. U'Ktt "*t A TIME The Prince's Charmer Lath Dian; Is Wow inn Briutin mm #1 in circulation 1 in ad revenue 1 in coverage of executives TIME The worldwide media system36 words
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OVERSEAS
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345 1981-04-15 3 THE OUTLOOK for the West German economy is worse than previously thought but there could be a slight recovery before the end of the year. West Germany's five leading economic institutes in Berlin, Hamburg, Munich, Essen, and Kiel forecast in a report on the345 words
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303 1981-04-15 3 BUSINESSMEN are developing a new mood of optimism about the future of the British economy. America's fourth largest bank, Manufacturers Hanover Trust Company, said in its latent publication, the Financial Digest, which is distributed worldwide, that business leaders report increasing confidence that a303 words
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Article239 1981-04-15 3 AP THE UNITED States, West Germany and Japan opened talks in Tokyo yesterday on the future of a US$l.4 billion coal t liquefaction project threatened by budgetary cuts in Washington and Bonn. The two-day meeting is expected to focus on to what extent the trilateralAP - 239 words
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247 1981-04-15 3 Reuter THE United States is convinced that talks with the Soviet Union on mediumrange nuclear missile limitation must be resumed without delay. West German Foreign Minister Hans-Dietrich Genscher told a German radio interviewer that US Secretary of State Alexander Haig had made thisReuter - 247 words
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Article137 1981-04-15 3 THE White House has stood firm on President Reagan's proposal for a three-year tax cut despite calls in Congress for an initial one-year programme. Spokesman Larry Speakes said Mr Reagan had no plans for a compromise and still wanted Congress to approve a 10137 words
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392 1981-04-15 3 THE inquiry by Washington into import entry procedures is being interpreted as another form of subtle pressure being exerted on Japan to agree to voluntary export restraints on car shipments to the United States. At the suggestion of US trade representative Bill Brock, the392 words
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WORLD IN BRIEF
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Article431 1981-04-15 3 Agencies The people of Quebec gave the separatist Parti Quebecois (PQ) a renewed mandate on Monday night to govern the predominantly French-speaking Canadian province. Unofficial returns said the PQ. led by premier Rene Levesque, won at least 63 seats in the 122-seat provincial legislature and the oppositionAgencies - 431 words
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Page 3 Advertisements
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Advertisement184 1981-04-15 3 0 f m o 0 I IW< ■r w^p Qantas.The only daily one-stop flighttoLondon. Every (lav, in every way; it s unbeatable. The 747 Qantas Express lifts off for London every evening, every week of the year. As scheduled. So you arrive at Heathrow early the next day. And without184 words
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RAW MATERIALS
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209 1981-04-15 4 Reuter THE Bureau of Agricultural Economics (BAE) in Australia has revised its forecasts of Australian oilseed output in fiscal 1980 81 to end-June. In the March edition of the Trends in Australian Agricultural Commodities quarterly, the BAE said sunflowerseed output is now estimated at 134,000 tonnesReuter - 209 words
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Article221 1981-04-15 4 WHEAT futures in Chicago oil Monday closed down 7 x /i ttt five cents a bushel. Prices settled near the top of a nine cent range. Sympathetic local shortcovering following the partial recovery in corn carried prices to new day's highs. However, values remained on the minus side from221 words
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Article212 1981-04-15 4 SOYBEAN futures in Chicago on Monday finished 18 to 1# cents a bushel lower, at o£ near the top of a 12'/2 cent range. Sympathetic local demand following the partial recovery in corn carried prices to new day's highs, traders said. However, values held on the defensive from the212 words
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Article204 1981-04-15 4 SINGAPORE rubber prices yesterday closed slightly higher with May One RSS buyers quoted at 247.50 cents per kilo, up 150 cents from Monday's close, dealers said Morning prices were marked up slightly on short-covering demand, trade buying and reserve of sellers, they said. Afternoon prices fluctuated around lunchtime levels204 words
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Article386 1981-04-15 4 RAS prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 242.50 243 50N 243 00 244 OON Int. 1 R.S.S. May 247.50 248 50 247.50 248 50 Int 1 R.S.S. June 252 00 253 00 252.00386 words
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Article112 1981-04-15 4 NOON SSR and SMR price* yultrimy RAS SSR 20 SSR SO (1 too pallet) <1 too pallet) (Curreat Mlh) Bayer* Seller* 127 00 *****N 224 00 226.00N June (Forward Mtk) Bayer* Seller* 229 00 231.00N 226.00 228.00N MRELB May Smm SMRCV SMR L SMR 5 SMRGP SMR112 words
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Article90 1981-04-15 4 THE STRAITS tin price in Penang yesterday fell 21 cents to Ms3«.4f a kilo, still within the International Tin Agreement's middle range price of S3MI to $32.74, dealers said. The fall was attributed to the sharp decline in the overnight London market and to higher disposals of tin.90 words
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Article34 1981-04-15 4 Rubber: April 14 Singapore: May: 247.50 cents (up 1.50 cents) Malaysia: May: 269.00 cents (up 2.00 cents) Tin: M $30.40 per kilo (down 20 cents) Official offering: 171.13 tonnes (up 24.13 tonnes)34 words
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Article98 1981-04-15 4 Reuter INDONESIA hopes to achieve 11.5 per cent annual growth in pepper output under new incentives announced by the National Development Information Office. It plans to open up 28,000 hectares for new smallholder plantations oyer the next five years with a US$6B.B million loan scheme andReuter - 98 words
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Article183 1981-04-15 4 CHINESE Prodaee Exchange, Singapore, noon closing prices per 1M kg yesterday. Coconut oil: Bulk fob $115.00 sellers, old drum (in second hand drum) fob $128 00 sellers, new drum fob $134 00 sellers. Copra: Mixed (loose) $62.00 buyers. Pepper: Muntok white pepper fob Asta NLW $412 50 sellers.183 words
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Article330 1981-04-15 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30. 100 per cent second class 1.08, 100 per cent third class 1.06, 25 per cent new crop no stock. B-10 per cent no stock. THAI BROKEN: A-super 0 80,330 words
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Article193 1981-04-15 4 YARN and cotton prices were quoted as follows in Hongkong yesterday (In HK dollars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2.275; 32s 2.840. 40s 3.030 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article876 1981-04-15 4 COFFEE: Robusta futures yesterday ended the morning £5 to £3 a tonne lower in a quiet low-volume market after trading in a narrow range all morning, dealers said. The bulk of the trading was in July with 172 lots traded. Futures had failed to react to steadier sterling876 words
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Article115 1981-04-15 4 THE Kuala Lumpur market yesterdazy ruled easier on lack of buying interest in quiet trading, dealers said. In the south, April, May and June eased Mss, $7 and $2.50 to $955, $930 and $922.50 a tonne respectively. The refined market was featureless on lack of overseas interest. C.I.F.115 words
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ASIAN STOCKS
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Article486 1981-04-15 4 TOKYO SHARE prices yesterday fell substantially under the pressure of profit- taking in view of slower foreign purchases and a high balance of outstanding buying in margin trading, dealer said. The market average fell 22.08 to 7,514.88 in moderate trading with volume 550 million shares. The Tokyo486 words
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Article281 1981-04-15 4 THE index yesterday slipped steadily lower as the day progressed. Turnover continued to shrink as most investors remained on the side-lines. Trading was dull and there were no special features. Hang Seng Index 1332 81 (-18 04) Turnover HKJI9S 51 million Stmt: SHK See. APR 14 HK* AmaJ Rubber281 words
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Article309 1981-04-15 4 PRICES yesterday continued to weaken as buyers assessed the latest rises in US interest rates and another downturn in gold prices, brokers said. A lack of overseas interest was most evident in oils and the oil index fell 33.6 points to 997.7 while the AllOrdinaries index slipped 8.2 to309 words
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Article239 1981-04-15 4 THE stock market yesterday continued inactive and prices generally closed lower, dealers said. First Trust fell 1.50 baht to 63.50, Mah Boonkrong Drying and Silo two to 177 and Rama Tower one to 79.50. Charoong Thai Wire and Cable rose two baht to 174. APR 14 Bahts Asia Credit239 words
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Article130 1981-04-15 4 STOCKS yesterday closed firmer in higher turnover to 4.2 million from 1.9 million pesos, dealers said. Phil Overseas was the lone gainer while Ist Phil Holdings was the looser, with the rest either untraded or unchaged. APR 14 Acojc Mfcit Peso* 008 uncb AUu Coil. A AUta Coil B.130 words
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Article52 1981-04-15 4 FINANCIAL TIMES INDUSTRIALS Monday 546.6 Friday 551.3 Week Ago 533 5 DOW JONES AVERAGE INDUSTRIALS Monday 993.16 Friday S93.16 Week Ago »94 41 H.K.HANG SENG Tuesday 1332.81 Monday 1350.85 Week Ago 1380.08 AUSTRALIAN INDUSTRIALS Tuesday 747.1 Monday 750.1 Week Ago 731.3 ALL ORDINARIES Tuesday 718.1 Monday 726.2 Week52 words
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Page 4 Advertisements
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Advertisement198 1981-04-15 4 The National push-button Key Telephone System. A 3-in-1 system thaftfe a telephone, intercom. and Daaina service. VB-360ES KfW mm* W Works like a PABX, less expensive than a PABX. More efficient than a manual system, and definitely less expensive than a PABX. Up to 8 external and 20 internal lines198 words
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Advertisement13 1981-04-15 4 Mttwn SmUiM MM| t U Itrnm 41* M» a <NW I* ioooi us*13 words
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Page 5 Advertisements
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Advertisement333 1981-04-15 5 ft 25ZL M fg xt 7b CONDOMINIUM TOWNHOUSES BUKIT TIMAH ROAD 4Yi M.S. Top class hill-top homes Ultra modern luxurious living Home-makers' perfect choice SMGAftM ISLAND CHIN CHUNG CXINIS SO nnnm UMMGAMXN tftl \M Vi 'tCXNCV SO OUMAW E SN H s >^s NS! cwsHdtstN ••*l5 V* UM m» »C333 words
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Article390 1981-04-15 6 IN THESE days of economic bleakness, the voice of free trade is often drown out by the chorus of protectionism. So it is reassuring that Mrs Pope from the University of New South Wales counts as her audience officials from the Australian Treasury Department. Mrs Pope390 words
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300 1981-04-15 6 THE AMOUNT you earn and the job you do can have little if any connection with your gastronomic taste and it is probably the attraction of better food rather than a daily exercise in enlightened industrial relations that draws SIA executives to eat with their300 words
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Article937 1981-04-15 6 DAVID DODWELL - RAPID GROWTH EXPECTED Amid the general economic retrenchment in China, the special export zones in the south are still seen as centres for rapid growth, a means whereby the Chinese can tap foreign capital, expertise and technology, and make use of the resources of Hongkong. DAVIDFT - 937 words
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863 1981-04-15 6 DREW MIDDLETON - FORUM with DREW MIDDLETON NYT WARNINGS by American officials that the United States might sell weapons to China if the Soviet Union invades Poland raise questions whether such a threat has any validity. The dominant view among intelligence officials of the UnitedNYT - 863 words
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Page 6 Advertisements
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Advertisement144 1981-04-15 6 BANK OF ENGLAND MINIMUM LENDING RATE REDUCED BY 2% With U.K. Interest Rates falling sharply,so will the income enjoyed by those with money invested in Sterling Deposits. That income however can grow instead of falling by investing in Guaranteed Tax Free British Government Securities. Furthermore, Capital Appreciation could be obtained144 words
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Page 6 Miscellaneous
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Miscellaneous5 1981-04-15 6 BriStcWrftankiiicteaiS I PMftllNG. ktPIU. SETOOTPj5 words
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Miscellaneous1407 1981-04-15 6 Japanese secret of success SINGAPOREANS, apparently, are not the onl> ones trying to leant from the Japanese. The British have tried as well. WerU la Ac tin is a documentary produced by Graaada Television of England and tonight's episode takes a look at three television factories in the 11. The1,407 words
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728 1981-04-15 7 UNTIL last year's far-reaching financial restructuring, Italy's Industrie Pirelli was being crippled by a mounting burden of debt, caused by its own accumulated losses and the overseas expansion programmes of its parent company, Pirelli Spa. The restructuring programme took its share capital728 words
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Article, Illustration1403 1981-04-15 7 JAMES BUXTON - Industrie Pirelli has announced its first profit in 10 years. The turnround demonstrates both what can be achieved and the acute problems that remain. Pirelli, reports JAMES BUXTON, is already getting into first gear for an upward climb. JAMES BUXTON FT NOT MANY shareholders turned upFT - 1,403 words
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Page 7 Advertisements
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Advertisement131 1981-04-15 7 Of course he has a good sense of judgement. He needs it. Because right now he must decide whether or not to buy the new 1981 Volvo 244 He's always been impressed with their safety features, it's a lot more comfor table inside than sitting in court, and it is131 words
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Article, Illustration748 1981-04-15 8 The Bundesbank's tight money policy has hit all banks in West Germany, including the big banks, such as Commerzbank, Dresdner Bank and Deutsche Bank. There are signs, reports RON ALPE, that the banks have learned a lesson. Some have recalled as far as possible theirReuter - 748 words
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Article786 1981-04-15 8 ROBERT BENNETT - By ROBERT BENNETT NYT COMMERCIAL banks across the United States have absorbed the greatest share of the billions of dollars that have poured into 'NOW* (negotiable orders of withdrawals) accounts since the beginning of the year. By March 18, NOW accounts at commercial banks totalledNYT - 786 words
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Article790 1981-04-15 8 ARRIVALS Service Local Operator Number Time From PAA PA005 0040 JFK SFO HKG MAS MH601 0630 KUL MAS MH680 0645 KCH SIA SQ10I 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI421 0930 BWN MAS MH671 1000 PEN KUL SIA SQ201 1000 HLP CPA790 words
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1158 1981-04-15 8 INTEREST rate worries and weakness in the oil and large computer groups sent NewYork stock market on Monday prices broadly lower in active trading. Analysts said news late Friday of a sharp jump in the money supply raised fears of a near-term1,158 words
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Page 8 Advertisements
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Advertisement264 1981-04-15 8 Let us examine the word Information in-for-mation Njn-far-Hna-shanX n 1 I the communication or reception of knowledge or intelligence 2I; knowledge obtained from investigation, stud)', or instruction b intelligence, news c facts, data d a signal or character (as in a communication system or computer) representing data something (as a264 words
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Advertisement21 1981-04-15 8 Bug-Ob prowl to aiHMUM* the appointment of Sin Soon HuatPte. Ltd. OS their sol* distributors. Mechanize Your Cutting and Welcfcng n^JG-P21 words
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BANKING AND FINANCE
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Article561 1981-04-15 9 US supply surges with economy THE SURGE in the US monetary aggregates in the latest statement last week underscores the fact that growth in the money supply is beginning to keep pace with the very strong nominal growth in the economy. This pattern should continue in the coming weeks. The561 words
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Article195 1981-04-15 9 DAI-ICHI KANGYO Bank, the largest city bank in Japan, is tapping the Singapore-based floating rate certificate of deposit market for the eighth time since its inception. The US$2l million issue will be lead-managed by DBS-Daiwa Securities International. Dai-Ichi Kangyo Finance (Hongkong) and Asian American Merchant Bank195 words
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Article37 1981-04-15 9 IT WAS wrongly reported yesterday that Manila Banking Corporation was estimated to have lost up to US$lO million in the Dewey Dee banking scandal. The loser was in fact Bancom, an investment house in the Philippines.37 words
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282 1981-04-15 9 THE BELGIAN franc will remain weak, says the Foreign Currency Review, a publication of Manufacturers Trust (MHT), New York. The Belgian franc is currently trading at 35.00 against the US dollar, weaker than the 34.28 level of mid-March. The franc is under extreme pressure282 words
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Article561 1981-04-15 9 ALVIN TAY - FLOTATION OF USsl3om IN ASIAN BOND MARKET By ALVIN TAY TWO LATIN American companies will make their first appearance in the Singapore-based Asian dollar bond market, tapping a total of US$l3O million between them. Comision Federal de Electricidad (CFE), a Mexican electrical public company, will float a561 words
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Article95 1981-04-15 9 ASIA Commercial Bank (ACB), Bank of China (BofC) and Malayan Banking will charge their customers Vi percentage points less for loans starting today. Both ACB and Malayan Banking are now qnoting 13 per cent as their best lending rate, while BofC is pegging its prime at 12»,*95 words
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MONEY AND EXCHANGES
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Article567 1981-04-15 9 THE US dollar strengthened against major currencies in the local market yesterday. Trading was active, reflecting the dollar's strength. The dollar opened at 2.1580 90 against the mark and rose to a high of 2.1655' 60 before easing to 2.1625 35 at lunch time. It firmed again in567 words
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Article199 1981-04-15 9 THE US dollar yesterday was steady against other major currencies in late fairly active trading, after recovering from a slight fall in early afternoon, dealers said. Market sentiment is still firm for the dollar based on prospects of firm Eurodollar and US prime rates, and there were no major199 words
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Article168 1981-04-15 9 THE dollar for overnight delivery closed at 215.70 yen, compared with a 216.00 opening here, a 215.70 85 close in New York, 215.70 90 on the West Coast and 216.60 here on Monday, dealers said. Trading was active, with volume USfl.o7 billion. The dollar briefly touched the day's high168 words
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Article22 1981-04-15 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.23 per cent.22 words
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Article190 1981-04-15 9 ASIAN ASIAN currency deposit interbank rates as at close on Apr 14. IS DollarslSpot) Offer Bid 7 days 16 16 1 month 16 16 2 months 16 16. 3 months 16 1 16 6 months 16 1 16'i 9 months 15. 15'. 12 months 15 3/16 1511/16 Sw.Fre. Dm*. (Middle190 words
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Article49 1981-04-15 9 RANGE of prices offered by discount houses on Apr 14: Overnight: IU to 6'.'« Call deposits: »'i'* to 7'.% Ctoaiag Buyiag Selliaf 3-month Treasury bills 6'« 6'. 3-month Bank bills 9 9/16 9 7/16 3 months CD 99/16 97/16 6 months CD 10 9 Source: National Discount Company49 words
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Article76 1981-04-15 9 THE dollar traded uncertainly yesterday morning in a fairly quiet thin market, as operators waited for a trend to be established. Opening quotes yesterday: US 2.1690 1700 Can 2.5818 5861 Cross 1.1915/18 DMk 4.6925/7000 D F1 5 2000 50 S FY 4.2825 75 B FY (coo) 76.99/77.07 F FY76 words
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Article188 1981-04-15 9 SINGAPORE gold prices yesterday closed generally firmer compared with overnight levels after fluctuating marginally in quiet late afternoon trading. Total sales for the day was recorded at 74 lots while turnover for kerbs was at 76 lots with interest centred in june and august contracts. Prompt closed higher at188 words
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Article38 1981-04-15 9 MM S*l New York U.lfiB -B U.36S -S Zurich 10 SOB —B ll.OOS TWw —S MM Singapore I ■CSs ll.OBB -B •135S —S Closing prices in US dollars a troy ouno 1. Source: Credit Suisse, S'pore38 words
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Page 9 Advertisements
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Advertisement268 1981-04-15 9 I 26-30 APRIL 1981 International Exhibition of Machinery and Materials for the Textile Fabrics Trade WORLD TRADE CENTRE. SINGAPORE TEXTILES: A TRULY GLOBAL INDUSTRY The Textile and clothing industries are among the largest and most diverse in the world, accounting for almost 10% of global industrial employment. These industries are268 words
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Advertisement543 1981-04-15 9 i-i A A THE BANK OF EAST ASIA, LIMITED 314-324, HENSESSY ROAD HONGKONG Consolidated Balance Sheet at 31st December, 1980 Profit and Loss Account for the year ended 31st December 1960 Share Capital Authorised: 40.000,000 (1979 20,000,000) Issued and fully paid: 19,209,600 shares of HKSS each Capital Reserve General Reserve543 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article189 1981-04-15 10 APR IS ru ARN aa 00 -1 Ahold 75 00 18 Akao 22J0 unch AMCV 91 SO -07 Am fas 102J0 0J Amrotmk 58.® -01 Berk 28.00B 47 00 1 BoU 56 80 08 BorsumlJ 217 00 1 Bur h man n 81.00 0.5 C aland 35 JO 0J189 words
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Article270 1981-04-15 10 APR 13 m CORBEILLE Alr-Llqulde w -I B 8 N Oerrals T**r\nrw 1066 -12 C 8 F (ThomsonCsf) 387 -2-6 Cle Fnncn* dei Petrol el 220 13 Comp>|nle Flnanclere Comp«|nle 400 2 Generate Credit Foncler D® france 388 -2 Hachette 321 (Llbralrte) -1 Machines Bull 58J0 0J Mlchelln (B)270 words
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Article188 1981-04-15 10 APR 13 Prmncs Action* Sulsses 280 -1 Alusulsse Br ion 10 Alusulsse Ref 413 -3 Brown Bovert Br. 1370 -IS Clba Oelfy Br 1200 at* Oelfj P C 886 30 C1b» Gelgy Ret SM -1 Credit Suisse Br 2350 -5 Credit Sulaae Reg 423 1 Elektrowatt Br 2430 -3D188 words
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Article202 1981-04-15 10 APR U Dm Aag-Talarunkan sue -11 Ate JO 40 -01 Alls Urban 1015-00 Alls Van moo -1 BAST moo -09 lay H T Wbank n.ao 15 Baj Vbank mjo Bayar U5J0 -0.4 ar sob -43 BMW 175-30 -03 CaaaaUa 310 00 4-11 Chf m v»r* M 00 Commeribank 131202 words
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Article91 1981-04-15 10 Aaaor Qen Baatofl CcntrmJc 1UM0 an 8106 uncn -510 -12 n»t 22K -54 Plnalder ft -j Oen Immob on .1 in Prt ttk 4 30 Itaicementl -100 ItAifU inon -11 Italalder 115 unch Macnetl M Pf 907 -23 Mar*111 Ere gu *P Mad lob Mlralanaa *****0 ***** 1500 -1091 words
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Article197 1981-04-15 10 APR 13 CS Ablllbi 17 Alc*n 44 <« Algoma 47* Btnl Mont JOS Bulk Not* ScoUa 30* Bell Tel 1» Beth Corp BP Cmn Lid 42* •H -S S -<* -s s Camp Red Lak* SB* Can Imp Bk SIS Ctnptc 48* Cuptc bit Pf B* Cvllnc OTCeefe is197 words
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Article290 1981-04-15 10 APR 13 Rand INDUSTRIALS A Alpha 446 A be room 400 -6 AE And CI 800 -16 AUir MOO •100 Barlows 1030 -10 Cf Sufar Ha A MO +6 Currte Finance 230B De Beers Ind 2900B Edcon 660 •10 Edgars Pad Volk 600 -6 FuHt 290 unch Oardian Oienanl290 words
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Page 10 Advertisements
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Advertisement736 1981-04-15 10 }<!)\+(*_^}{!;!~_`*^'':?^_=&@:~ The American Express Card serves you well, wherever good food is served". ICKHaCZS!] SWAliid ere to wine Business Tip The Mirabelle Executive Lunch Enjoy a superb 3-course hinch served at your requested time. So there's time to talk business and make your next appointment. You'll eat like a gourmet736 words
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Advertisement163 1981-04-15 10 I restaurant presents Wednesday Fashion at 1.15 p.m. Exquisite clothes of SINGAPORE BATIK MANUFACTURERS Models: Make-up: gU, /ancastch modelling ARTS STUDIO Tel: *****50/1 Liquor FOOD BEVERAGE PTE. LTD. Complimentary Campari drinks will be served <=£. Jfc. Tefc*****49, OQcnTa inn *****22 ext 126 214, Duneam Road, Singapore 1129 n 'pleasure! s163 words
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TRADE AND INDUSTRY
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288 1981-04-15 11 FRENCH company Sietam France has set up a subsidiary company in Singapore in anticipation of receiving more work in this region. Besides automatic and semi-automatic handling systems, the parent company also supplies metal surface treatment and processing plants. Sietam Asia, incorporated last week, has 10 per288 words
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Article69 1981-04-15 11 MANAGEMENT consultants Executive Resource of Singapore and Martin J Stone and Associates of Sydney, Australia have agreed to cooperate in management consultancy, market research, staff selection for customers and the conduct of training courses in Asean. Martin Stone has been leading training conferences in Singapore since 1975,69 words
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Article171 1981-04-15 11 StjV-GOH Tan, in conjunction with the Singapore Institute of Management, will play hosts to a seminar o3 'Shaping Business Strategy in an International Environment'. v Intended for senior managers, the two-week seminar u$U be held at Apollo Sentostt, Sentosa Island, from JSly 20 to 31. The seminar will be171 words
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Article, Illustration143 1981-04-15 11 EXECUTIVES can now catch up on the latest foreign exchange rates at Restaurant 1819's Sir Stamford Lounge and relax over a drink at the same time. With the collaboration of Deutsche Genossenschafts Bank and Reuters, the restaurant has installed a video screen to display the latest143 words
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Article312 1981-04-15 11 AN eight-man trade delegation will leave for West Asia on Friday to promote Singapore's exports of electronic and engineering equipment. The two-week visit, organised by the Department of Trade, will take the delegation to three West Asian countries Saudi Arabia, Kuwait and United Arab312 words
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Article144 1981-04-15 11 APPRAISAL work on plant and machinery has increased this year because more companies are going out of business because of poor markets. Asian Appraisal has more than enough staff to undertake such work competently, said R A Macatangay, director of the company. He was disputing an earlier144 words
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Article153 1981-04-15 11 GAN See Khem, lecturer in the Department of Business Administration at the National University of Singapore, has been elected the new president of the Marketing Institute of Singapore. Other officials of the institute are first vicepresident, Yong Kuo Huei; second vice-president, Boey Hou Foo; honorary treasurer,153 words
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Article970 1981-04-15 11 SEMINARS AND COURSES Apr 1-16: Seminar on Self-Paced Competency-based Skills Training, Regional Language Centre, Vocational and Industrial Training Board Apr 6-29: Certificate in Production Management Module II Work Measurement and Incentive Schemes, NPB Cuppage Centre, National Productivity Board Apr 6-29: Plastic Materials and Additives, NPB Cuppage Centre, National970 words
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Article651 1981-04-15 11 RICHARD SEAH - By RICHARD SEAH A LOCAL manufacturer of precision rubber components has invested $2.6 million in a new factory in order to step up its exports. Sun Teh Rubber, Singapore's only manufacturer of precision rubber components. will move to its new factory in Jalan651 words
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Article, Illustration187 1981-04-15 11 HOTEL Royal Singapore has appointed C Mirf-AnU-nie as general manager. Mr Marc-Antonio started his hotel career as a management trainee at the Gresham, in Dublin, followed by senior management appointments with Grand Metropolitan hotels in London and Europe. He has also held positions of general manager in187 words
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Page 11 Advertisements
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Advertisement71 1981-04-15 11 Enjoy the best beef in town Business Lunch at the Shima Restaurant Goodwood Park Hotel Japanese cuisine Teppanyaki, Sukiyaki, Yakiniku and Shabu-Shabu At the Shima where else. IK Goodwood Part* Hotel 22 Scotls Road Singapore 0922 Tel: *****81/2 5T- fa WAIIiERS TURNERS They will turn you on when you listen71 words
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Advertisement271 1981-04-15 11 !\OTICE I Straits Steamship Company Limited Incorporated in Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held in the Tower Room, Ocean Building, Collyer Quay, Singapore 0104, on Thursday, 30th April 1981, at 11.00 a.m. AS ORDINARY BUSINESS271 words
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2115 1981-04-15 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Allied Choc2,115 words
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Article192 1981-04-15 12 SINGAPORE I NIT TRIST {Mtuim 1 prim far Apr IS) The Commerce 3 79 3 98 The Savings Fund 2 10 2.2lxd S pore Prog Fund 1 58 1 66 S pore Sec Fund 2 47 2 60 S pore Invest Fund 2.36 2.48 S'pore Equity Fund 1.55192 words
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Article2685 1981-04-15 12 Gr*a Gr*» Net lflftl Last Div Div Y*ld P/E Vol Day High Low Company Sale +or- Cvr COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 360 320 Acma 336 14.5 2.8 4.3 13.7 Alcom 300 12.0 2.5 4.0 17.0 334 130 Allied Choc 278 -2 4.0N 1.92,685 words
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Article2248 1981-04-15 12 BID and otter prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified. INDUSTRIALS A*■>■»<« (3.528) cd Aieaai (3 04B) (20 3 00 (12 3.042,248 words
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Article75 1981-04-15 12 Reuter INCHCAPE and Company has bought a group of companies in South America for £11.8 million from Lloyds Bank International. The companies in Colombia. Ecuador, Chile and Peru are engaged in the distribution of agricultural and industrial machinery and motor vehicles, shipping, insurance and general merchandising. Inchcape saidReuter - 75 words
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Article, Illustration682 1981-04-15 12 SPECULATIVE sentiments were so entrenched at the stock exchange yesterday that blue chips failed to make a breakthrough. Pan Malaysia Cement, Magnum and Boustead took another dive, forcing the Straits Times Industrial Index 4.94 points lower by midday. While heated activities were focused682 words
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Article630 1981-04-15 12 THE KUALA Lumpur Stock Exchange closed slightly easier yesterday with industrial lower-liners again forging ahead. Share prices at the opening level were dealt slightly easier. Towards the close, however, support was sustained in a broad range of lower-liners. Blue chips continued to slide. The pace630 words
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COMPANY NEWS
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LATEST RESULTS
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Article31 1981-04-15 13 net tangible asset back ing per share based on its unaudited consolidated accounts as at March 31, 1980 was $2.29, compared with $2.23 in the previous month.31 words
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74 1981-04-15 13 amount Ed to M 540.66 million ($44.07 million previously) for the year ended December 1980. Net profit after tax and minorities was $28.75 million ($29.84 million). Together with an interim dividend of 5 per cent, the dividend payment for the year will amount to74 words
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Article71 1981-04-15 13 AJINOMOTO Malaysia)'s operating profit before tax fell to M 54.14 million for the year ended December 1980, compared with $4.94 million in the previous year. Its directors have proposed a first and final dividend of 20 per cent less tax, involving a distribution of $1.56 million on an increased issued71 words
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Article79 1981-04-15 13 made a pre-tax profit of M 51.31 million for the year ended December 1980, a drop of 62.4 per cent from the previous year's $3.48 million. Turnover, however, was much higher at $59.1 million against the previous year's $47.3 million. Profit after tax amounted to $1.379 words
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45 1981-04-15 13 amounted to M 51.23 for the year ended December 1980 compared with $1.38 million in the previous year. Net profit after tax was $929,000 ($991,000). Its directors have recommended a dividend of 3 per cent taxexempt.45 words
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Article37 1981-04-15 13 has declared an interim dividend of 5 per cent less tax for the year ended June 1981. The dividend will be paid on May 30 to stockholders registered in the books as at May 14.37 words
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768 1981-04-15 13 THE CITY STAFF - By THE CITY STAFF BARCLAYS Asia Limited, financial adviser to Intercontinental Housing Development (IHD), believes that the offer made by Bandar Raya (BRD) to the minority shareholders of IHD "is fair and reasonable". Its view is prompted by the fact that the cash alternative768 words
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In Hongkong...
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Article91 1981-04-15 13 said agreement has been reached to sell land and buildings in Hongkong comprising the Empress Hotel about the end of this year. However, neither the buyer of the Empress nor the price was disclosed. It said the sale of the hotel will coincide with the opening91 words
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Article84 1981-04-15 13 has been sus- pended in Jardiae, Matheson (Finance)'» 9'/ 2 per cent unsecured loan stock 1984/ 95, the Hongkong stock exchange said. A spokesman for Jardine, Matheson said the loan stock had been suspended because today is the final day for payment of the second tranche of the loan84 words
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207 1981-04-15 13 Reuter to report today a consolidated net profit for 1980 of around HK5510 million, up from $403.2 million in 1979 and compared with the company's interim forecast of at least $500 million. They said this is after taking into account interest payments estimatedReuter - 207 words
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354 1981-04-15 13 THE ACQUISITION by Bandar Raya Developments (BRD) of a majority stake in IHD has resulted in a substantial increase in its consolidated asset base and land bank. In an offer document, the group said it plans to be actively involved in the development354 words
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Article571 1981-04-15 13 MWE Holdings will remain suspended from trading on the Kuala Lumpur Stock Exchange (KLSE) at the request of the company, which disclosed that it is currently negotiating with "certain parties" for a "major new acquisition". The disclosure comes as a surprise as the company has hardly571 words
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Article250 1981-04-15 13 INCH Kenneth Kajang Rubber has again reported further growth for the financial year ended Dec 31, 1900. The small UK-based plantation company and its wholly owned subsidiary. Kemasul, achieved an 18 per cent rise in pre-tax profit to Msl.lo million, on a turnover of $3.73250 words
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Article, Illustration754 1981-04-15 13 wzm HOCK LOCK SIEW A SURPRISE feature in the past fortnight's bullish stock market was the sudden jump in the share price of Paper Products (Malaysia) (PPM) from $3.90 to $4.38 on light trading. Speculators are probably wondering whether it is the latest Malaysian situational stock afterHOCK LOCK SIEW - 754 words
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Page 13 Advertisements
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Advertisement439 1981-04-15 13 Your executives can drive better cars and cost you even less. Here's where we come in. We have a fleet of Ford Granada Ghias for short or term rental. Rent one or rent a dozen. With no capital outlay. And because we are Ford distributors, every car in our fleet439 words
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Advertisement125 1981-04-15 13 EQUIPPING A RIG IN RECORD TIME. A leading equipment supplier to the oil industry was asked to supply and install some sophisticated equipment on board the semi-submersible drilling rig, "Hakurya EI". With a deadline of three days, the only way they could complete the job was to call in the125 words
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249 1981-04-15 14 Reuter JAPANESE Finance Minister Michio Watanabe said yesterday that West Germany, France, Britain and Japan %uld probably deal individually with the problem of high US interest rates by means such as increasing capital inflows. Mr Watanabe told a press conference inReuter - 249 words
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241 1981-04-15 14 UPI AMERICA'S space shuttle pilots woke up early yesterday and prepared to come home flying through the tenuous spaceair boundary never before penetrated from above by a winged vehicle. John W Young and Robert L Crippen were reassured that Columbia's heat shield tile systemUPI - 241 words
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269 1981-04-15 14 Reuter INDONESIAN Oil Minister Dr Subroto yesterday named a new director for the state-owned oil company, Pertamina, in a major shake-up of the corporation's top management. He told reporters that Mr Yudo Sumbono, at present director for domestic supply, would succeedReuter - 269 words
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343 1981-04-15 14 Reuter AUSTRALIAN opposition leader Bill Hayden has said that Washington must give Australia greater control over a key US communications base in the country or wind down its operations. Addressing the National Press Club in Canberra yesterday, Mr Hay den said present arrangementsReuter - 343 words
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465 1981-04-15 14 Reuter INDONESIA yesterday signed 20-year contracts with four Japanese utilities companies which will make it the world's single biggest bilateral seller of liquefied natural gas (LNG). The agreements, involving new pricing formulas, were signed in Jakarta by the state-owned Pertamina Oil Corporation withReuter - 465 words
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Article846 1981-04-15 14 LONDON. T ues. Share prices closed mixed after an extremely quiet session today, dealers said At 3pm, the Financial Times index was up one |x>int at 317 6 The market was steadier, due in large part to the rise in UK February industrial production announced yesterday. However, interest846 words
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Article122 1981-04-15 14 AP NEW YORK. Tues. The stock market was mixed this morning as concern over rising US interest rates continued. The Dow Jones average of 30 industrial stocks rose 0.18 points to 993.34 in the first half hour, but losers outnumbered gainers about 8 to 5 among NewAP - 122 words
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Page 14 Advertisements
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Advertisement27 1981-04-15 14 ROCFLOOR Resin flooring many times stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. Batik* Singapore Pte Ltd tel: *****4427 words
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Advertisement438 1981-04-15 14 THE AWARD WINNING PEUGEOT 505 EXECUTIVE CAR OF THE YEAR *WHA T CAB MAGAZINE r #V gjk*' K *5 L_ 1 i,t>* 1 ALJ—*! 1 f 505 The moment you set eyes on it you know it's a Peugeot. But it's a new breed of Peugeot. It's young, lean, stylish.438 words
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Page 14 Miscellaneous
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Miscellaneous63 1981-04-15 14 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several areas late morning onwards. Report (or 24 hoars prior to 7.31 pm on April 14 at the airport. Maximum temperature 31.5 Associated humidity 70 Minimum temperature 24.6 humidity 98 Hours of sunshine 2.30 Rainfall in millimetres 5.363 words
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SHIPPING TIMES
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188 1981-04-15 15 THE, Singapore-Thailand joint venture company, Sing-Thai Farm Co, is to charter a vessel to transport live pigs to Singapore starting from September. The company is now in a position to export about 2,000 live pigs to Singapore during the three months from September.188 words
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Article, Illustration489 1981-04-15 15 JAN LEE - By JAN LEE BORNEO Shipping signed a lease agreement with the Port of Singapore Authority (PSA) yesterday appropriating a berth at Keppel Wharves for its exclusive use. With the agreement, Borneo Shipping becomes the 12th company to join the PSA's Appropriated Berth Scheme.489 words
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PORTSIDES
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Article135 1981-04-15 15 AFP A HONGKONG shipping firm's orders for building two bulk carriers in China earned a pledge from China on its wish to "have long-term economic cooperation" with that company and other Hongkong firms. Hongkong's Wheelock Maritime International Ltd has signed contracts in Beijing for building two bulk carriersAFP - 135 words
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Article117 1981-04-15 15 AFP THE Japan and Hongkong/South Africa Shipping Conference has decided to launch a strong drive to counter non-conference activities in the Hongkong-Taiwan/South Africa trade by offering "fighting rates". Conference sources said the "fighting rates effective tomorrow, average about 20 per cent less than the conference tariff rates. TheyAFP - 117 words
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Article107 1981-04-15 15 BRITISH Shipbuilders (BS) is to expand its range of standard ship designs with new specifications for bulk carriers and container ships. The new designs which would be launched at the Nor-Shipping exhibition next month would include three new bulk carrier designs at 30,000, 35,000 and107 words
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Article779 1981-04-15 15 Shlpplag Use Paft CM Shlppiag Li*f P»«e C«i Achipelego vn 1 Fleet way vm 2 Adriatic VI s Flotta Lauro V 5 AIM VI > Fortune VI 5 Afro-Eurasia VI 2 Franco-Belg m 45 A1 Navigation VI 2 Frata NVOC VI 2 Alfred CT vm 2 Freight779 words
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369 1981-04-15 16 ECONOMIC adjusment in China and the recession in Western Europe are expected to cause a 4.9 per cent decline in Japanese steel exports in 1981 to 28.9 million tons, said the Japan Iron and Steel Exporters Association. Exports of steel to South-east Asia will decline369 words
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Article932 1981-04-15 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Sumbawa 705 15.4.81 0100 Ned-EAC TA 4 vc Lelse Maersk 8104 16.4.81 0800 Maersk 51 TT S. Seas Bridge 30E 16.4.81932 words
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Article1501 1981-04-15 16 THE continuing coal strike in the US maintained its rather dampening effect on Atlantic rates but brokers reported steady interest on Monday for North American grain and bookings included 15,000 long tons out of Lakehead St Lawrence, completing to 20,300 tons at $39.50 and $32.50 for a voyage1,501 words
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Article515 1981-04-15 17 EXPECTED ARRIVALS TODAY KEPPEL WHARV ES Builder IT (after Jenson) 22 Kota Jade (0700 after Kota Bintang) 10 11 Koheng (1900 after Manoloeverett) 6 7 Larch (1100 after Bunga Melor) 33 34 Nedlloyd Amsterdam (0600 after Strathfife) 3 4 Nitto Maru (2300) 19 Nikolay Semashko (2300 Alma)515 words
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Article197 1981-04-15 17 INTERTANKO, the International Association of Indpendent Tanker Owners, is to consider extending its membership to coal carriers. The idea of expansion was floated at the annual meeting held recently in Washington and was enthusiastically welcomed by the leadership. Intertanko's chairman Sir Yue-Kong Pa© expected the197 words
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393 1981-04-15 17 AS OPERATORS working the South American trades wrestle with the dilemma of how to develop the major break-bulk routes, the largest Brazilian liner company seems to be rapidly moving into both ro-ro and container operations. Lloyd Brasiliero, which has a modern fleet of 42 largely393 words
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133 1981-04-15 17 AFP THE FINNISH shipbuilding group Waertsilae had a turnover o( 2,600 million Finnish marks (about US$625 million) last year, compared with 1,900 million marks in 1979. Shipbuilding accounted for about two thirds of the total, that is. 1.680 million marks. Group exports totalled 1.400 millionAFP - 133 words
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Article149 1981-04-15 17 Reuter THE SOVIET Union plans to slow the growth rate of its merchant marine's tonnage during the period of the 1981 5 five year plan. Minister of Merchant Marine Timofei Guzhenko said the Soviet Union plans a "considerable increase" in the number of modern specialisedReuter - 149 words
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Article, Illustration646 1981-04-15 17 SMALLER gas carriers suffer more casualties than larger vessels. Esso Europe's gas and chemical shipping safety coordinator said recently. Captain Alberto Allievi said: "Greater attention and training effort must be placed on those serving on small ships as they are more exposed to casualties due to the646 words
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1247 1981-04-15 21 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are 1 published at a maximum of three weeks.1,247 words
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Article646 1981-04-15 22 AFP THE effect of the US coal miners' strike continued to put pressure on Atlantic rates last week on the freight market. As the coal strike is still in its early days, no transfer of tonnage from the coal to the grain trades has so far occurred butAFP - 646 words
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Page 15 Advertisements
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Advertisement538 1981-04-15 15 Everett Lines FO« THI MOST FREQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHITT AGONG CALCUTTA CHALNA •RANGOON BUENOS AIRES MANZANILO ACAPULCO Everett Steamship Corpn. 1/A Clifford Centre Singapore 1 Tel *****/9 36 Bejch Street. Penang Rm 36 103 OCBC Bldg lei *****/3 Port Kelang Agents SOCSWP CO BHO Tel538 words
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Advertisement324 1981-04-15 15 ISEALORDiI UASC UNITED ARAB SHIPPING CO (SAG/ EXPRESS MULTI PURPOSE SERVICES Loading for r'l 8K *33 li/4 U. BE7TM V 33 22/4 MUM 131 2C/4 -A FULLY CONTAINERISED SERVICE Iraa carco acceptable intransit lM*n| tw Dubai (3/5). Kuwrt (5/5). Ommm («/5). Mxi Dhafc (12/5). Doha (14/5). Bataa* (li/5) Onto (13/5).324 words
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Advertisement674 1981-04-15 15 SINGAPORE in FOR PEOPLE WHO MATTER *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA, ASIAN PORTS 20-21/4 27-28/4 I ALBERT "■T4!d im cw York Philadelphia kIL a 5-6/5 11-12/5 18-19/5 I ALVA MAERSK 25-26/5 ARID MAERSK SMGAPORE O.OSMG WLS CI 19th April 1500 MRS674 words
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Page 16 Advertisements
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Advertisement799 1981-04-15 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Contain Sennet Feeder *P KHang Vessel To Europe Spore 1) MseiHes 2) Rdam 3) H'burg Gburg 1) G'burg 2) H btirg 3) 8799 words
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Advertisement260 1981-04-15 16 BBS SUPERCARRIER SERVICE FROM: US QULF US ATLANTIC EAST CANADA KIT MNMU "BARBER TAT" »7. "BARBER MEMMOtT 21. "BARBER TOBA" Mr 2. "TERRIER" 7 "BARBER NARA" Mr 17 «u uroas win murm at m ihmmm gohmn 47 •*> Ft TO: PANAMA US ATLANTIC EAST CANADA US QULF n'"ii ir ,i-260 words
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Page 17 Advertisements
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Advertisement803 1981-04-15 17 Overseas Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COWTWOSHT salvia TO W/COWOT: N-tat Sparc Plating Diurt Ekewi Eke Man 20 Apr S Ma; 11 Mi; Banatttt 20 Apr 11 Mi) 13 Ma; H*ngkong Eipreu 27 Apr 2S Apr IS Ma; 21803 words
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Advertisement220 1981-04-15 17 rfo Franco Belgian Services lh'" Fast Fr.-ich sen icc xth >,<r F<isttrr. I.xnts* ACE C ONSOBT I C.M.C.R. SEAPAC CONTAINER SERVICE StNr.AfOPf f NOUtRIC S *****14 C*S 777*041 Tfrmmal *****J6 Optorg Shipping Pte. Ltd. Port K el»ng '00 1 7 J»v» r***** P#o«ng 6374S Agonli S'NMPORf Arvg.o *'•"C* Co (PTC220 words
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Page 18 Advertisements
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Advertisement807 1981-04-15 18 Hapag-Lloyd TO NORTH EUR Off EfceMam BenattOa *mf*on| Eipress Hanbwg Eipress Anuria Maru H'burg Bha»en 9/5 11/5 21/5 27/5 5/6 11/5 13/5 23/5 29/5 7/6 Rdam Antwerp 12/5 14/5 24/5 30/5 8,6 Genoa 5 5 11 5 18 S 14/5 165 26/5 1/6 10/6 Trieste 10 5 17 5 24807 words
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Advertisement691 1981-04-15 18 KOREA ZZ G P. Kebnf PENANG STORE VEGA 159* It-21 April 22-25 Apr* 27-30 April FROM BUSAN BANGKOK VEGA 160E 18-21 April 22-25 Apri 27-30 April TO BUSAN MCHON ALTAR 163W 11-22 May 23-26 May 28 31 May FROM BUSAN BANGKOK ALTAR 164E 18 22 May 23-26 May 28-31 May691 words
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Advertisement534 1981-04-15 18 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON, MANCHESTER, BIRMINGHAM, BRISTOL. LIVERPOOL, GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM. GOTHEN BURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM SH" Rotterdam Fafatlawt AMawp I* Haw* Ittr Lar|< 17/04 27/94 0/05 10 05 12/05 15/05 li/05534 words
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Advertisement814 1981-04-15 18 I Everett Lines/ Burma Fiva Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON Accept** cjrfo tor HR ml Ijpan (My S part f rm*% mamvm— u/a A<» 7*21 Ap, mUMMGTIHTIH 11/21 Apr HTOWVM 11/21 Apr B F SS C Agents m Mokiysta BOUSTEAD SUPPING TtL NOS (CL *****2/*****9 l|LLr814 words
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Advertisement384 1981-04-15 18 OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE WES TIM RIVER PAZ ESTRELLA MAY PRMCE GLORIA ACE AQUAPMNCESS CRYSTAL STAR 0 RESOURCES SUBLME OAStS SAMT OASIS DUKE GEKRAL UMTS ocean SHrrwe t enterprises pte ltd SPKAFORE m *****44/7 A *****70 K libmr m OM 4*475* CONTMO BOOK>K OCEAN SHTPPK384 words
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Page 19 Advertisements
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Advertisement1001 1981-04-15 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) SPORE 10-11/5 13-14/6 17-18/7 COLOMBO 16-17/5 19-20/6 23-24/7 HODEIDAH 24-24/5 27-27/6 31-31/7 JEDDAH 26-26/5 29-29/6 2-2/8 AQABA 28-28/5 1-1/7 4-4/8 2ND CALL COLOMBO 7-8/6 11-12/7 14-15/8 SPORE 13-14/6 17-18/7 20-21/8 SEA Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER1,001 words
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Advertisement853 1981-04-15 19 =ir BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE M BURG 6 HAVEN ROAM MAW SOTON S poff P Kftw*# Oim»rn' Amtn< Antatip FiactAAUK 10 EUROPE Sptxf P Ktt FlxHjru 24/4 B«njtto« Honftonj Eiprtis 77/4 2! Ha*»| Eiprtis 4/5 I Kiimu M<ra 12/5 I' JUcmMj Eiprtis 10/5 21 «iu|i Mm853 words
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Advertisement668 1981-04-15 19 Sj s Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN fmtm »ataa j |;i)VM*i7)r«M])Vh>|4)6'h>| I OMIW U/4 I ffHMA MH* ia i nine* ia I MM* 14/5 I ruittA 22 a W> KJM I "/J *0 MOW* >»£ l** rCTTMM I 2V5 1 ?l/« V 5 11/5 IW 14a668 words
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Advertisement487 1981-04-15 19 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUWON I S. AFRICA STREAMBANK Spore: 3/4 May (loading direct for Durbon and Capetown only) Lukes/V Linw U.S. WEST COAST SERVICE Dhd trow SFO Ibch LESLILYKES SU 9d ASHLEY LYKES 19/4 16/4 Site Tk VBC 20/5 21/5 23/5 17/6 11/6 21/6 (M rc*sm alio487 words
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Page 20 Advertisements
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Advertisement843 1981-04-15 20 S K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Farter feeder »e»seh jKo jradaNe on request Carnwi aho iccepliWe lor Oakland Vancouw Portland Houiton Gahreiton New frteanv Boston St Mn PWadeipha Nortr* Baltmore Sarannalt )ackson»ie TO EUROPE S pore P Ketang I Havre Rdam Hburg Bremen843 words
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Advertisement684 1981-04-15 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lu*M to lOS ANKLES. SM FRANCISCO. »TTU. TACOMA VMCOUKR B C kcctpimt fa/Fa Cmmn P Krtanf Srtfaprwe I *«(Mn miMrmH- IMW «nw "IBMVA PtAfttlA' >» AUSTRALIA EXPRESS CONTAINER SERVICE fee*** Fa/Fa CmUmm P KMXX Spare Bfi Mew Met SyP Ff»i» "UMOU" li A»>684 words
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Advertisement669 1981-04-15 20 S S Acipoup SINGAPORE SHIPPING AGENCIES PTE. LTD »TH FLOOR OCEAN BUILOING SINGAPORE 0104 MARKETING *****2 (3 LINES) GENERAL *****1 114 lINE St TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A/B CARSMIP CABLE CARGOSHIP lte«|i»iial H-iOl Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK BANGKOK it II Apr 21/22 tp>669 words
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Advertisement624 1981-04-15 20 KORINS MARITIME SERVICES E Room 601 ICB Building. Shenton Way. Singapore Tel *****22 *****67 P Kelang Tel *****4'*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES ■owe NO 17.. A man r KELANG LOADMG FOR: Bmtm ttbavß Uwmh Damun Kiiaa) up SAM IC* LII\E§ W~~ A member ol lite Sarmci firaii* *1 Cimpawies L*ER624 words
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Advertisement723 1981-04-15 20 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11^*****57 jtobasiaiivk REGULAR NXFMXNT SERVICE 10 EUROPE S pore P Ketanf Penanj loa<Ar* tar: WON NBIO4 m Port Saied BOULOGNE UK (AVON) MKEL ENDEAVOUR N6105 21 Apr ROTTERDAM/ UK (AVON) IORASU NBIO9 3 May 7 May BOULOGNE/ADAM UK (AVON)723 words
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Page 21 Advertisements
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Advertisement495 1981-04-15 21 Also accepting cargo to/from Scandinavia N JADE S pore Closing Times FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 1700 15/4 0500 15/4 S.S. BRIDGE 30€. N. GARNET 4E.... TW BRIDGE SE. We accept LCL Cargo. Eastbound To: Seattle. Oakland, S Francisco, Longbeach, Los Angeles and New York Westbound from:495 words
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Advertisement331 1981-04-15 21 MALDIVE LINES ETA ETA ETA TORE KUANTAN PORT KELANG MAUNVE PROGRESS 5/5 8/5 Loading For Kuwait MAUNVE POO* 30/4 Loading for ieddah MALDIVE NOVEL 30/4 Loading for Jeddah MAUNVE PEACE 30/4 Loading For Jeddah MAUNVE MTORTER In Port Loading For Male MAUNVE NEKffiOlft 5/5 10/5 Loading For Muscat/Dubai/ Dammam/Kuwait MAUNVE331 words
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Advertisement387 1981-04-15 21 ifc SINSOV SINGAPORE SO VET SHTPMG CO PRIVATE LTD S96OV BULDMG 55. Mart ft SM Seaport 0104 Taiaphona Nunbtrs *****3 (10 lim) Cable Address SVISOV SMGATORE Tatex Numbers RS ***** RS ***** RS ***** MN SOON M. M. IST AND 2ND FLOOR. ***** NO 1 JALAN CUTMNG. POT KLANG. MALAYSM387 words
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Page 22 Advertisements
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Advertisement706 1981-04-15 22 FLE FREIGHT LINKS EXPRESS PTE. LTD. Mte I*o3. 14* FW mmmttrnt Pta». Am lu< 0207 U *****45 5 lam) 221*«4 Tdti IS 2W47 FtlHA* Australia-lnterfreight Line Accepting FCL and LCL to Sydney. Mdbowne. Brisbane. Adelaide, FremantJe New Zealand Auckland. LytteHon, Hefcgton. Napier and Dune din Europe/U.K./U.S.A./Canada AJ Major Ports and706 words
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Advertisement588 1981-04-15 22 STEVE MARINE PTE LTD REGULAR SERVICE TO PORT LOUS VESSEL P. KeOnj S port Lojdhf tar: WW LIGHT ta Part 17 Apr fori Lous For Bookings please contact: FLEETWAY INTERNATIONAL PTE LTD Singapore: Tel: *****77/9, *****69/70 P Kelang Rodin Shipping Agencies Sdn Bhd Tel *****4/5 Penong: Lim Teik Ee Shipping588 words
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Advertisement352 1981-04-15 22 ft JOHORE SHIPPING l/Y 161 Ifll AN TfNGI SHANI NGKU BAOAR PORT KHANG SfIANGOR MAIAYSIA HAJ SHIPPING SDN. BERHAD i Eipress Unttoad Service from P Ketang I East Malaysia Brunei (Accepting cargo tor palletising in LPK Gdn No: 3 (South Port) BINTULU EmR CONTRACTORS SDN. BERHAD 37. Pandunfan It ox)352 words
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Advertisement434 1981-04-15 22 KAWASAKI KINKAI KISEN KAISHA, LTD. JAP AN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore P ReUng Penang S pore Tokyo Robe MM) BAT ft 10/4 12/4 21/4 23/4 24/4 2C/4 9/5 10/5 NOB STAR V 3 27/4 21/4 10/5 12/5 13/5 15/5 2S/5 20/5 SMATORE Bwstead Stapes *****4/*****5 IMUr»:434 words
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Advertisement312 1981-04-15 22 OCEAN LINES REGULAR NOW CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE (ttso accept** cjrfo lot R>ieti Bowfn Cntstaui u*let to Hiii«iil> S pore f Mm| fc«iM| Loadm| tor 7*, Part Sad/Altiantoi/LjRKMf PtMB/Bwvt/Ltnjka/ OWO VESSELS SAGASiA PTE LTD. ILOUtS OMCYFUS GMOgr OF OTMM (5 Um) ma B 2MN S» MMM IW rt« IMPTM312 words
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Page 22 Miscellaneous
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Miscellaneous181 1981-04-15 22 Sf ft Regional Weather —t L-v m s\ ir 31 a r <\ a Sf Si L 5 v»'€ •He? c C5 WiK Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed181 words
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